It seems just as a plethora of Fed heads had to walk back Bernanke's last press conference hawkishness, that the uber-dovishness interpreted by the market from Wednesday's FOMC is now being tapered back. Speaking on Bloomberg TV, Fed's Bullard warns an October Taper is on the cards: *BULLARD SAYS ECONOMY ISN'T THAT FRAGILE *BULLARD SAYS $10 BILLION TAPER VERSUS NO TAPER NOT `BIG THING' *BULLARD SAYS NO TAPER, SMALL TAPER WAS A `BORDERLINE' CALL *BULLARD SAYS `SMALL TAPER' POSSIBLE BY FOMC IN OCTOBER The market (bonds, stocks, and gold) reacted accordingly and is unwinding the exuberance in a hurry. The question now, ... (full story)